Why did east India company incure financial burden during wellesly regime
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The East India Company (EIC), also known as the Honourable East India Company (HEIC) or the British East India Company, and informally known as John Company, Company Bahadur, or simply The Company, was an English and later British joint-stock company. It was formed to trade in the Indian Ocean region, initially with Mughal India and the East Indies, and later with Qing China.
Industry: International trade, Opium trafficking
Founded: 31 December 1600
Products: Cotton, silk, indigo dye, salt, spices,etc.
Headquarters: London, Great Britain
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